Tagged: wepay

WePay Launches New Industry’s White Label Payment Service

WePay

WePay, a provider of payments for platforms, introduced announced on Wednesday (October 8th) its latest product, WePay Clear, which allows platforms to facilitate payments while WePay manages fraud, risk and compliance from behind the scenes. CEO of WePay, Bill Clerico shared,“Most online platforms have an excellent user experience, but when it comes to enabling users… Read More

WePay Triples Payment Volume in Crowdfunding

WePay

WePay, a provider of payments for platform businesses, announced on Wednesday a three-fold, year-over-year increase in payment volume from crowdfunding sites. WePay powers five out of the top ten crowdfunding sites including GoFundMe, YouCaring.com, GiveForward, CrowdRise, and Fundly and saw an average of 276 percent growth in payment volume over the same month last year… Read More

WePay Strengths Management Team By Hiring Former CyberSource CFO Steven Pellizzer

WePay Logo

WePay, the payments company powering platform businesses, continues to build on its executive team by announcing on Tuesday that Steven Pellizzer has been named Chief Financial Officer. Mr. Pellizzer will be a key player in furthering WePay’s role as a leader in online payment processing for platform businesses such as marketplaces, crowdfunding sites and small business… Read More

Medical Crowdfunding Campaign for Porn Star Has Silver Lining

Eden Alexander

As was widely reported this past weekend on these pages, and just about everyplace else, porn star Eden Alexander launched a crowdfunding campaign on GiveForward for a dire medical situation only to encounter the ban hammer as she allegedly transgressed the platforms terms of service.  In following Eden’s twitter account she quickly became very concerned… Read More

Update: Crowdfunding Site Shuts Down Porn Stars Medical Crowdfunding Campaign

Eden Alexander

Adult entertainer Eden Alexander was crowdfunding on Giveforward to raise funds for a “Medical Care Fund” as she apparently had a near fatal reaction to a common prescription medicine.  The reaction, as described on her campaign page, triggered a rare skin infection called Steven Johnson’s Syndrome. Over time this allegedly developed into a full blown… Read More

WePay Previews Risk Engine Technology

wepay

Known for powering platform businesses such as crowdfunding sites, marketplaces and small business software, WePay has always relied on data to make better decisions when it comes to payment. In 2012, the company developed Veda that leveraging social data, to help shield its platform partners from risk while at the same time still offering a… Read More

Crowdfunding & What You Should Know About Online Payments Before Launch

Photo courtesy Sean MacEntee on Flickr - http://www.flickr.com/photos/smemon

Throughout 2013, PayPal and crowdfunding project creators repeatedly found themselves at odds. First it was Lab Zero Games, the company behind the hugely popular campaign for Skullgirls. Paypal froze Lab Zero’s account only to later release all but $35,000 of Lab Zero’s Indiegogo cash. It actually led Lab Zero to file a complaint against PayPal… Read More

Quick Stats: WePay’s Growth In The Crowdfunding Space

wepay

Payment processors have certainly reaped the benefits of the billions of dollars flowing through the crowdfunding space. WePay is no exception, having recently announced that they are processing as much as $1.5 million in crowdfunding contributions per day. Other quick stats… Secured their first API partner in October of 2011 An average of 35% month-over-month… Read More

Crowdfunding News Roundup: October 19, 2013

crowdfunding-news-roundup

VentureBeat: WePay’s API pays off, handles 648% more crowdfunding volume than last year The headline says it all… WePay is seeing some pretty impressive traction providing payment services to crowdfunding campaigns, but they’re quickly moving toward robust solutions for platforms as well. A provided API has driven growth for WePay in the crowdfunding sector. The payment… Read More